All Employee Benefits articles in Web Issue – Page 754
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ArticleUK lacks strategy to deal with low pay
The UK lacks an effective strategy for dealing with the challenge of low-paid work, despite the economic recovery, according to research by The Work Foundation.Its report, Rising to the challenge: a policy agenda to tackle low pay, highlighted that low pay now effects 5.1 million (21%) employees and that more ...
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ArticleAberdeen Asset Management to pay living wage
Aberdeen Asset Management has been accredited as a living wage employer.The accreditation is a formal agreement by the asset manager to pay all UK employees, from permanent staff to contractors and temporary workers, at least £7.65 an hour, or £8.80 in London, which is higher than the current minimum wage ...
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Article
Sports Direct boss exits bonus share scheme
Sports Direct’s executive deputy chairman Mike Ashley has withdrawn from the retailer’s 2015 bonus share scheme despite the scheme having received approval by shareholders at its annual general meeting on 2 July.After discussion with the employer’s remuneration committee, Ashley informed the board that he does not wish to be awarded ...
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ArticleClare Bettelley: Is tokenism an effective driver of engagement?
Prime Minister David Cameron this week announced an overhaul of his cabinet that saw the ousting of 11 ‘white male ’suits’ and promotion of eight women as part of his ongoing efforts to modernise the Tory party.I’m all for representation, but this reshuffle smacks of tokenism at best, and we ...
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ArticleTop 10 most read stories this week
The top 10 most read articles on employeebenefits.co.uk from 10-17 July:1. HMRC loses Rangers employee benefit trust appeal2. Benefits for the world’s worst jobs 3. How to identify staff at risk of diabetes 4. ESPN and Walt Disney staff take part in summer wellbeing events 5. LSL Property Services launches ...
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ArticleHow work-life balance supports budding sports champions
Something for the weekend…Everyone knows that motivated staff are more engaged and loyal and, therefore, help to boost their employer’s productivity, but it is not always easy to find effective motivational tools with which to work. Well, here is one idea that may help employers to motivate their employees and ...
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Article99% of largest employers have met legal duties around auto-enrolment
Nearly all (99%) of the UK’s largest employers have met their legal duties around auto-enrolment without the need for The Pensions Regulator (TPR) to use its statutory powers to force them to do so, according to a report by TPR.Its Commentary and analysis report 2013/14 found that 10,817 employers completed ...
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ArticleObesity could be covered by anti-discimination law
Employers could be legally required to bear the costs of all necessary reasonable adjustments to accommodate the needs of severely obese employees after an opinion delivered by the Advocate-General of the Court of Justice of the European Union (CJEU).The opinion relates to the Danish case, Karsten Kaltoft v Billund Kommune, ...
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ArticleBT Group pension guarantee upheld
The Court of Appeal has upheld a 2010 High Court judgement that the government would fund BT Group’s defined benefit pension obligations for all 313,000 members, regardless of whether an employee joined the organisation pre or post-privatisation.In 2010, the High Court ruled that the government would take responsibility for the ...
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ArticleDebbie Lovewell-Tuck: Mental health support should be applauded
Perhaps most noteworthy about these examples is these employers’ willingness to publicly share the great efforts they are making in this area. As all aspects of employee health and wellbeing continue to rise up employers’ agendas, more organisations are focusing on mental, as well as physical, health. With one in ...
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ArticleHalf of UK workers will have chronic health condition by 2030
Almost half of UK employees will have at least one chronic health condition that will affect their work productivity by 2030, according to Fit for Work UK.Its report, Is the UK fit for work?: Confronting the challenge of UK workforce health, argued that the costs of ill health on the ...
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ArticleNetwork Rail faces equal pay claim
Network Rail is facing an equal pay claim after bonuses for senior male staff topped £1 million.More than 30 female managers have launched the claim, which is being backed by the union Transport Salaried Staffs Association (TSSA).Female managers at the transport organisation are paid between £3,000 and £4,000 a year ...
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ArticleAdidas and Nomura among healthiest employers
Adidas UK, Nomura and Gilead Sciences have been named some of Britian’s healthiest organisations.The annual awards, Britain’s Healthiest Company, which were launched by Pruhealth and Mercer, looked at the health of more than 25,000 employees and the health and wellness facilities provided by 82 employers.It also looked at a number ...
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OpinionBen Davis: Why is segmentation useful?
It is fairly obvious why the segmentation of a database of contacts can be a smart idea. In short, we are all different, and what motivates me might not motivate you.We also differ in lifestyle. If I was a pregnant woman, you might reasonably be expected to guess at some ...
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AnalysisHow to segment flexible benefits communications
If you read nothing else, read this…Segmentation of communications is an approach largely used by retailer employers.41% of respondents to the Employee Benefits/Towers Watson Flexible benefits research 2014 send targeted messages to staff.Segmentation can be done by age, job role, salary or demographic.A main driver of workforce segmentation for ...
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Case StudiesBibby Financial Services tailors flex communications
The organisation over-communicated the launch by sending out messages to staff and repeated emails reminding them that the deadline to sign up to the flexible benefits scheme was looming, despite a number having already done so.Following employee feedback, Bibby sent out targeted communications in 2013 and 2014 using a variety ...
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ArticleYachts, jewellery and clocks give rise to benefit in kind
The First-Tier Tax Tribunal has ruled that the use of yachts, jewellery and clocks ‘placed at the disposal’ of an employee gives rise to a benefit in kind.In the case, Gillian Rockall v HM Revenue and Customs (HMRC), Rockall and her husband were the directors and controlling shareholders of two ...
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ArticleSouthern Water triples bikes for work take up
EXCLUSIVE: Southern Water has tripled take up of its bikes-for-work scheme since it re-launched the benefit in May.Around 100 employees have taken up the scheme, up from 33 staff who signed up for the scheme in 2013.The scheme, which is provided by P&MM, has been re-launched as part of the ...
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Supplier article
US: mid-year review and outlook
By Felix Wintle, Manager of the Neptune US Opportunities FundH1 2014Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of ...
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ArticleShire Pharmaceuticals appoints Gerard Leahy
Shire Pharmaceuticals has appointed Gerard Leahy international benefits lead.He joins the organisation from 3M, where he was compensation and benefits analyst.Leahy’s other previous roles include senior software engineer at SDL, compensation and benefits analyst at State Street Bank and Trust, and managing consultant at Grove Recruitment Solutions.